Disney (DIS) Q1 2021 earnings

Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019.

Patrick T. Fallon | Bloomberg via Getty Images

Disney reported earnings for its fiscal first quarter of 2021 after the bell Thursday.

The stock was up around 1.5% after hours.

Here are the key numbers:

  • Earnings per share: 32 cents adjusted vs loss of 41 cents expected, according to Refinitiv
  • Revenue: $16.25 billion vs $15.9 billion expected, according to Refinitiv

Disney said it now has almost 95 million paid subscribers to its Disney+ streaming service as of the quarter ended Jan. 2.

Revenue at Disney’s parks, experiences and products segment fell 53% to $3.58 billion, as many of its theme parks were either closed or operating at reduced capacity and its cruise ships and guided tours were suspended.

The company said the Covid-19 outbreak cost this division around $2.6 billion in lost operating income during the fiscal first-quarter.

This story is developing. Check back for updates.

Disclosure: NBCUniversal is the parent company of Universal Studios and CNBC.

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